SHAKE SHACK INC. SHAK Balance Sheet

Shake shack inc. (SHAK)

Balance Sheet / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14
ASSETS
Current assets:
Cash and cash equivalents
87,806	37,099	44,505	29,733	31,897	24,750	29,295	30,879	26,624	21,507	26,887	22,436	15,711	11,607	12,227	68,371	65,855	70,849	69,821	64,919	60,834	2,677
Marketable securities
16,423	36,508	36,336	36,081	47,659	62,113	61,800	61,399	61,128	63,036	63,299	63,106	57,840	62,040	61,348	-	-	275	-	-	-	-
Accounts receivable
6,820	9,970	15,094	13,661	8,862	10,523	9,325	7,110	5,033	5,641	5,139	5,078	5,044	6,006	4,488	3,040	3,337	4,217	3,135	4,003	2,842	3,278
Inventory, Net
2,045	2,221	1,782	1,692	1,626	1,749	1,378	1,238	1,175	1,258	1,127	968	903	806	828	635	621	543	607	482	404	529
Prepaid expenses and other current assets
2,316	1,877	1,723	5,698	2,312	1,984	2,119	1,474	1,689	1,757	2,057	1,591	4,302	3,485	3,057	3,872	3,600	3,050	2,243	2,246	2,040	1,441
Deferred income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	20	20	20	-
Total current assets
115,410	87,675	99,440	86,865	92,356	101,119	103,917	102,100	95,649	93,199	98,509	93,179	83,800	83,944	81,948	75,918	73,413	78,934	75,826	71,670	66,140	7,925
Property and equipment, net
329,039	314,862	304,350	285,892	265,016	261,854	241,702	216,763	199,878	187,095	174,689	160,383	147,485	136,264	123,073	111,296	102,279	93,041	87,977	81,076	75,704	70,124
Operating lease assets
302,216	274,426	279,975	257,969	239,555	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income taxes, net
281,285	279,817	268,855	258,132	243,033	242,533	243,021	214,037	200,622	185,914	322,224	320,015	319,530	313,207	301,654	274,625	241,466	201,957	107,565	6,027	6,087	161
Other assets
12,058	11,488	10,652	9,386	7,008	5,026	3,682	3,835	4,145	4,398	4,515	4,679	4,613	4,779	5,269	5,528	5,352	5,615	3,414	3,223	2,972	4,752
TOTAL ASSETS
1,040,008	968,268	963,272	898,244	846,968	610,532	592,322	536,735	500,294	470,606	599,937	578,256	555,428	538,194	511,944	467,367	422,510	379,547	274,782	161,996	150,903	82,962
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Short-term borrowings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	32,000
Accounts payable
15,330	14,300	15,865	3,828	12,655	12,467	9,654	8,344	6,738	8,210	8,639	9,482	5,663	6,921	5,845	5,219	6,035	6,786	5,336	5,690	4,618	6,440
Accrued expenses
24,228	24,140	27,977	25,567	20,462	22,799	22,759	15,988	13,202	11,649	13,181	8,615	7,699	8,538	8,228	6,615	5,442	6,801	6,471	4,781	4,201	5,578
Accrued wages and related liabilities
6,338	11,451	9,737	9,381	7,627	10,652	7,996	6,815	5,728	6,228	5,127	4,758	4,027	6,084	5,311	4,401	3,718	5,804	4,752	3,716	2,583	2,410
Operating lease liabilities, current
43,197	30,002	26,441	24,139	22,280	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Liabilities, Current
13,735	19,499	15,951	16,097	16,153	14,030	8,391	7,655	7,789	7,937	9,817	10,252	11,427	10,173	6,741	5,840	5,026	4,614	3,401	2,432	2,267	1,749
Total current liabilities
102,828	99,392	95,971	79,012	79,177	59,948	48,800	38,802	33,457	34,024	36,764	33,107	28,816	31,716	26,125	22,075	20,221	24,005	19,960	16,619	13,669	48,177
Long-term Debt
50,000	0	-	-	-	-	-	-	-	-	-	-	-	-	0	0	313	313	313	313	313	313
Deemed landlord financing
-	-	0	0	0	20,846	19,867	18,340	17,030	14,518	13,162	11,166	8,016	2,007	-	-	-	0	-	-	-	-
Deferred rent
-	-	0	0	0	47,864	43,476	39,463	39,461	36,596	34,780	33,524	31,354	31,107	28,363	26,219	24,381	22,927	21,317	20,948	18,997	17,853
Long-term operating lease liabilities
322,191	304,914	316,161	292,643	269,367	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Liabilities under tax receivable agreement, net of current portion
226,959	226,649	217,935	212,302	199,544	197,921	201,077	176,427	171,116	158,436	280,820	277,316	274,259	267,902	261,902	236,289	205,851	170,933	91,311	-	-	0
Other long-term liabilities
15,424	15,328	14,910	13,614	13,142	10,498	7,522	7,256	6,097	2,553	2,633	2,145	1,512	4,109	4,132	4,155	4,326	4,350	3,754	8,762	8,893	4,019
Total liabilities
717,402	646,283	644,977	597,571	561,230	337,077	320,742	280,288	267,161	246,127	368,159	357,258	343,957	336,841	320,522	288,738	255,092	222,528	136,655	46,642	41,872	70,362
Commitments and contingencies
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0
Stockholders' equity:
Members' equity
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	12,600
Preferred stock, no par value—10,000,000 shares authorized; none issued and outstanding as of March 25, 2020 and December 25, 2019.
0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-
Common stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Additional paid-in capital
246,970	244,410	234,118	208,866	199,315	195,633	192,760	177,650	163,372	153,105	147,890	145,102	141,940	135,448	129,650	119,415	107,590	96,311	129,584	112,227	111,049	-
Retained earnings
53,407	54,367	56,460	46,116	37,086	30,404	31,362	26,337	18,733	16,399	28,862	23,865	18,986	16,719	12,799	9,033	5,735	4,273	1,749	221	-897	-
Accumulated other comprehensive income
3	2	-	-	-	0	0	0	0	-49	30	-17	-19	-15	-15	-10	-6	-5	-	-	-	-
Total stockholders' equity attributable to Shake Shack Inc.
300,418	298,817	290,616	255,020	236,439	226,075	224,159	204,024	182,142	169,492	176,819	168,987	160,944	152,188	142,470	128,474	113,355	100,615	131,369	112,484	110,188	12,600
Non-controlling interests
22,188	23,168	27,679	45,653	49,299	47,380	47,421	52,423	50,991	54,987	54,959	52,011	50,527	49,165	48,952	50,155	54,063	56,404	6,758	2,870	-1,157	-
Total equity
322,606	321,985	318,295	300,673	285,738	273,455	271,580	256,447	233,133	224,479	231,778	220,998	211,471	201,353	191,422	178,629	167,418	157,019	138,127	115,354	109,031	12,600
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY
1,040,008	968,268	963,272	898,244	846,968	610,532	592,322	536,735	500,294	470,606	599,937	578,256	555,428	538,194	511,944	467,367	422,510	379,547	274,782	161,996	150,903	82,962
Class A Common Stock
Common stock
35	35	34	31	31	30	29	28	28	27	26	26	26	25	-	-	-	-	-	-	-	-
Class B Common Stock
Common stock
3	3	4	7	7	8	8	9	9	10	11	11	11	11	-	-	-	-	-	-	-	-